keynes – Cox Crow

Deferred Consumption

Posted on Friday, December 12th, 2008 by Will Cox

I recently subscribed to a number of podcasts in an effort to drown out the unbearable background noise in the Fishkill office: Fox News. One of them was a prog...

economics

Ass u me

Posted on Wednesday, October 29th, 2008 by Will Cox

If I understand this [via Zimran] correctly, the Austrian theory is that consumption deferred is an increase in savings, which results in a lower interest rate,...